Corporate Card

• First-year annual fee waived!
• Worldwide acceptance
• Central billing with monthly consolidated statements  

No more messy expenditure files and charts. You can now enjoy the benefits of our corporate card programme which helps better manage your company's travel and entertainment expenses for maximum efficiency and effectiveness.

• Discounts on hotels and car rentals
• 100% waiver of commission on purchase of travellers' cheques
• Monthly statements
• Flexibility of assigning credit limits for each card
• Up to 51 days of interest-free period
• Corporate Liability Waiver insurance of up to US$25,000 per cardholder per year

• Worldwide acceptance at over 22 million locations
• Global Emergency Assistance
• Dedicated 24-hour Customer Service Hotline

Eligibility:

• Companies
  Companies without borrowing relationships
  A time deposit of an amount two times the total credit limit must be placed with the Bank and secured by Letter of Set Off.
  
  Local companies
  Only companies registered in Singapore are eligible.
  
  Existing HSBC customer
  Companies applying must have an existing corporate banking relationship with HSBC.
  
• Employees
  Employees who have been nominated by their company to apply for HSBC Corporate cards must meet the minimum annual income requirement of S$30,000.

Documents required:

• Last two year’s audited profit & loss statements.
• Certification of annual income for each nominated cardholder (a minimum requirement of S$30,000 p.a. applies).
• Identification documents for nominated cardholders, directors and authorised signatories
  - Photocopy of NRIC (front and back - for Singaporeans and PR) or passport (for foreigners).

Forms to be completed:

• For UNSECURED Corporate Card account: (Applicable for companies with borrowing relationships)
  - Company Resolution Form
  - Corporate Card System Account Application Form
  - Corporate Card System Cardholder Nomination Form (Each nominated cardholder is required to fill in a copy)
• Additional documents for SECURED Corporate Card account: (Applicable for companies without borrowing relationships)
  - Board Resolution
  - Letter of Set Off
  - Call Term / Time Deposit Form

For more information on HSBC Corporate cards, please contact your relationship manager. Otherwise, call us on 1800-HSBC NOW (4722 669) in Singapore or (65) 6-HSBC NOW (4722 669) from overseas.

• From 1 July 2007, complimentary Personal Travel Accident Insurance and Flight Inconvenience Insurance will no longer be available on the HSBC Gold and Classic credit cards.
• The transaction fees is waived for every cash withdrawal made at atm5, the Qualifying Full Bank (QFB) Shared ATM network in Singapore - HSBC, ABN Amro, Citibank, Maybank and Standard Chartered Bank.
• SMS (Short Message Service) will be included as a channel of communication for any payment notices, requests and instructions.
• Please take note of the following fee revisions with effect from 1 September 2008:

1. $45 for late payment fee
2. $30 for returned cheque fee
3. $30 for rejected Direct Debit Authorisation fee
The above fees are denominated in the currency of the card account.